Discount
Dollar General | 2021 Construction | NNN Lease | Large 2.6 Acre Lot
36741 OH-7, Pomeroy, OH 45769
Listing Price: $1,405,000
Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
10.2
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.42
Investment Overview
Marcus & Millichap is pleased to present the offering for Dollar General in Pomeroy, Ohio.
Dollar General | 2021 Construction | NNN Lease | Large 2.6 Acre Lot
Investment Highlights
- DOLLAR GENERAL LOCATION: 2021 Build-to-Suit for Dollar General. 9,100-Square-Foot on a Large 2.60 Acre Lot
- NNN LEASE: 10.2 Years Remaining on the Original Triple-Net Lease with Three, Five-Year Renewal Options and 10 Percent Rental Increases in each Option. No Landlord Responsibilities
- CORPORATE GUARANTEE: Lease is Corporately Guaranteed by Dollar General
- FEE SIMPLE OWNERSHIP: Provides the Buyer with the Highest Form of Real Estate Ownership and Absolute Control Over the Asset
- LOCAL TRAFFIC CORRIDOR: High Visibility Along OH-7, Seeing 4,400-Plus Vehicles Per Day (VPD). Four Miles from US-33 Connecting to Athens, Ohio and on to Columbus with Over 7,600 Vehicles Per Day
- COUNTY SEAT LOCATION: Pomeroy is the County Seat of Meigs County, Along the OH/WV Border. Meigs County Boasts a Cost of Living Index of 88.6, Well Below the National Average
Exclusively Listed By
Financing By
Discount
Dollar General | 2021 Construction | NNN Lease | Large 2.6 Acre Lot
Listing Price: $1,405,000
Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
10.2
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.42
Investment Highlights
- DOLLAR GENERAL LOCATION: 2021 Build-to-Suit for Dollar General. 9,100-Square-Foot on a Large 2.60 Acre Lot
- NNN LEASE: 10.2 Years Remaining on the Original Triple-Net Lease with Three, Five-Year Renewal Options and 10 Percent Rental Increases in each Option. No Landlord Responsibilities
- CORPORATE GUARANTEE: Lease is Corporately Guaranteed by Dollar General
- FEE SIMPLE OWNERSHIP: Provides the Buyer with the Highest Form of Real Estate Ownership and Absolute Control Over the Asset
- LOCAL TRAFFIC CORRIDOR: High Visibility Along OH-7, Seeing 4,400-Plus Vehicles Per Day (VPD). Four Miles from US-33 Connecting to Athens, Ohio and on to Columbus with Over 7,600 Vehicles Per Day
- COUNTY SEAT LOCATION: Pomeroy is the County Seat of Meigs County, Along the OH/WV Border. Meigs County Boasts a Cost of Living Index of 88.6, Well Below the National Average
Investment Overview
Marcus & Millichap is pleased to present the offering for Dollar General in Pomeroy, Ohio.
Exclusively Listed By
Financing By
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